Grant Thornton Bharat Intern Interview Questions and Answers

Supervised ML is a type of machine learning where the algorithm is trained on labeled data to make predictions or classifications.

• Supervised learning involves a dataset with labeled examples

• The algorithm learns from the labeled data to make predictions on new, unlabeled data

• Examples include image classification, spam filtering, and predicting housing prices

• Common algorithms include decision trees, logistic regression,

Bank reconciliation is the process of comparing a company's bank statement with its own accounting records.

• It helps to identify any discrepancies between the two records.

• It ensures that all transactions are accurately recorded in the company's books.

• It involves matching transactions on the bank statement with transactions in the company's accounting system.

• Any differences are investigated and resolved.

• Examples of items...read more

Cash flow statement is a financial statement that shows the inflow and outflow of cash in a business over a period of time.

• It shows the sources of cash and how it is used.

• It is divided into three sections: operating, investing, and financing activities.

• It helps in analyzing the liquidity and solvency of a business.

• Example: A company's cash flow statement shows that it has a positive cash flow from operating activities,...read more